ARCHIVE SEARCH RESULTS

Hoarders can be of any age. When hoarding is suspected, gather documentation, seek court orders, and appoint a guardian for prompt action.

To mitigate rising insurance costs, co-op and condo boards can shift water damage coverage to homeowners by amending proprietary leases or bylaws. Communication is key.

Residents seeking emotional support animals must establish a disability and provide medical documentation. Co-op/condo rules still apply, and resolutions are preferred over eviction.

Key considerations for co-op bylaw updates include allowing electronic annual meetings, implementing staggered board terms for continuity, and ensuring adequate indemnification for board members.

Shareholders seeking stock transfers in co-ops must follow a board-approved procedure, including legal transactions, judgments, and lender approvals to ensure equal treatment.

A Yellowstone injunction can halt eviction proceedings, prompting a dialogue between commercial tenants and boards, leading to resolutions and cooperation.

Mitchell-Lama co-ops allow succession to prevent family displacement upon a shareholder's death. Strict regulations govern succession, and consistency is crucial in implementing policies.

Commercial leasing issues are affecting co-op and condo budgets. Options include using reserve funds, temporary assessments, and potential maintenance increases.

The business judgment rule protects boards, but it has exceptions, like decisions leading to owner revolts, which can have severe consequences.

Boards are passing on building upgrade costs to shareholders during apartment renovations to control expenses, especially in aging buildings.